No Band Change of Command at Citi; AAPL and CMG Weekly Trades
By Matthew Buckley
In today’s Market Stock Market Financial Report, Matthew “Whiz” Buckley, Founder of Top Gun Options and the Manager of the Primary Model Portfolio, reviews the unexpected, or if you follow the market, expected, departure of Pandit from Citi (C). He covers earnings from Goldman Sachs (GS), Big Blue (IBM) and Intel (INTC) and discusses a nice rally in Green Mountain Coffee Roasters (GMCR) based on bad news from Starbucks (SBUX). He also discusses how they’re managing an existing position, an Iron Condor expiring this week. Good news out of housing and important GDP data from the banker (China) rounds out our Market Situation Report.
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